Dollar Tad Higher Against Yen, Euro On Steady Stock Performance

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By Hiroyuki Kachi TOKYO--The dollar was slightly higher against the yen and the euro Thursday in Asia trade, with steadier stock market performance giving a sense of safety to investors after recent China-induced market selloffs. At around 0530 GMT, the ...

IMF Says China Slowdown, Other Risks Threaten Global Outlook

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

WASHINGTON?China's slowdown and a host of other downside risks threaten to push the global economy into much deeper trouble without concerted action by the world's largest economies, the International Monetary Fund warned Wednesday. "Risks are tilted to the downside, and ...

Private-Equity Firms Explore Bids for Petco

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

Private-equity firms are examining a possible purchase of Petco Holdings Inc., the pet-store chain that filed to go public last month, according to people familiar with the matter. Petco, which is already owned by private-equity firms, is in the early ...

Singapore August Nikkei PMI at 50.8; Down From 51.3 in July

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

SINGAPORE--Business activity in Singapore expanded in August, though the pace of growth eased to its lowest in four months, according to a new survey. The Singapore Nikkei Whole Economy Purchasing Managers Index was at 50.8 in August, compared with 51.3 ...

Blackstone Makes Investment in Mortgage Insurer PMI Group

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

Mortgage insurer PMI Group said Wednesday that Blackstone Group LP has made an investment of an undisclosed size in the company. The New York investment firm has agreed to provide PMI with a loan for working capital needs, in connection ...

Syngenta Moves to Calm Disappointed Shareholders

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

ZURICH?Syngenta AG on Thursday moved to appease shareholders angered by its rejection of a takeover from Monsanto Co., saying it will divest its global vegetables seeds business and return more than $2 billion to shareholders. The world's top seller of ...

French 2Q Jobless Rate Stable at 10.3%

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By Matthew Dalton PARIS--The French jobless rate was stable in the second quarter at 10.3%, French national statistics agency Insee said Thursday. The figure includes data from continental France and overseas districts. Excluding overseas districts, the unemployment rate in France ...

Turkish Inflation Rate Rises in August

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

ISTANBUL?Turkey's annual inflation rate rose more than expected in August as high food costs continued to pressure consumer prices, hitting the central bank's ability to reach its 5% target. The consumer-price index rose 7.14% from a year earlier and increased ...

Global Markets Bounce Back

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

Global markets were broadly higher Thursday, ahead of the European Central Bank's regular monetary policy meeting and a closely watched jobs report out of the U.S. later in the week. Stock and commodity markets around the world have been rocked ...

Brazil Leaves Benchmark Interest Rate Unchanged

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

BRASÍ LIA?Brazil's central bank left its benchmark interest rate unchanged on Wednesday at the highest level in nine years as the long battle with inflation continues with little relief in sight. The bank's monetary-policy committee left the benchmark Selic rate ...

Markets to Eye ECB Forecasts

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By Todd Buell Every quarter market observers watch the European Central Bank's regular press conference with an even closer eye than usual. In addition to the qualitative comments that ECB head Mario Draghi regularly makes, four times a year he ...

Australia's Trade Deficit Narrows on Higher Exports

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By Vera Sprothen SYDNEY--Australia's trade deficit narrowed to A$2.5 billion in July from a revised June deficit of A$3.1 billion, the government statistician said Thursday. The value of exports rose by 2% from June, while the figure for imports was ...

Nucor Board Authorizes Stock Buyback, Adds Member

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By Josh Beckerman Nucor Corp. said its board has authorized the repurchase of up to $900 million of stock from time to time. The steel-products company, which has a market capitalization of about $13.68 billion, also said Laurette T. Koellner ...

Australia's Surprise Retail Sales Slide Adds to Gloom

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

SYDNEY?Anyone hoping for Australian retailers to ride to the rescue of the nation's ailing economy will be disappointed by the latest sales figures from department stores, supermarkets and restaurants. A day after the government reported the worst quarter of economic ...

Russia Deputy Fin Min: Ruble Seen Firming in 1st Half 2016 -Interfax

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By Andrey Ostroukh MOSCOW--Russia's ruble is likely to recover in the first half of 2016, when the economy returns to growth, the country's deputy finance minister said Thursday. Speaking to reporters in an eastern town of Vladivostok, Alexei Moiseyev said ...

Syngenta CFO Hopes Planned Seed Business Sale Pleases Shareholders

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By John Revill ZURICH--Syngenta AG (SYNN.VX) hopes its decision to put its vegetable seeds business up for sale will renew confidence among shareholders upset by its rejection of Monsanto Co's (MON) takeover offer, the Swiss company's Chief Financial Officer said ...

Medtronic Revenue Boosted by Covidien Acquisition

TODAY: Sept. 3, 2015 PUB DATE: Sept. 3, 2015

By Angela Chen Medtronic PLC reported on Thursday that revenue rose 12% in its latest quarter, helped by its recent acquisition of Covidien PLC. Thursday's report marks the second round of results since the device manufacturer's $50 billion acquisition of ...